Home sales are continuing to rise in Nashville, Tennessee, home of country music.

"The south Nashville area continues it's upward trend and strong sales," says Realtor Scott S. Hoopman. "A wide variety of housing helps to satisfy most buyers and sellers can be sure they are getting a good price for their investment. Having grown up in this area, I'm amazed to see neighborhoods undergo the transformation of new sales and second generation owners."

Says Realtor Lawrence M. Lipman, "Nashville's homes sales have soared to another record year. Our diversified economy, relocation of large companies, and the reasonable interest rates have all helped in making Nashville's housing market strong. There have also been many first-time homebuyers in the market who can now afford to own rather than rent. The overall inventory has dropped and the average number of days on the market is 75. Due to the strong sales of 2003, Nashville has broken an all-time sales record!"

"Strong December activity helped us break previous records from 2002," say Realtors Lucy and Bill Rudolph. "There were 2,593 home closings reported for the month of December, according to figures provided by RealTracs Solutions through the Greater Nashville Association of Realtors®. This represents a 13 percent increase from the 2,287 closings reported for December of 2002. Fourth-quarter closings were 7,931 for Greater Nashville, up 16 percent from the 6,850 closings reported for the same period last year."

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Published: January 20, 2004

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